Disney to Nearly Double Investment in Its Parks Business. The Stock Is Falling.
Disney plans to accelerate and expand the investment in its parks segment over the course of about 10 years to approximately $60 billion.
Source: marketwatch.com
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Magic Kingdom Needs to Cast a Wider Spell
Disney’s plans to double theme-park investment make sense but can’t fully offset media struggles
Source: wsj.com
Disney to double investment in Parks division to $60 billion over next 10 years
The world’s largest theme-park operator said it has more than 1,000 acres of land it could develop.
Source: marketwatch.com
Max to launch live-sports tier in October, featuring MLB, NBA, NHL games
Warner Bros. Discovery's streaming service Max will launch a live-sports tier in October, just in time for baseball's postseason.
Source: marketwatch.com
Communications Cos. Drop as Hollywood Strikes Drag On -- Communications Services Roundup
Communications services companies fell as Hollywood strikes dragged on. Walt Disney plans to spend about $60 billion to expand its theme parks, cruise lines...
Source: marketwatch.com